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XPON Technologies Shareholding Update

Story Highlights
  • XPON Technologies announces changes in substantial shareholding by Matthew Arnold Forman.
  • Forman’s voting power decreased from 34.34% to 31.32% due to share dilution and acquisitions.
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XPON Technologies Shareholding Update

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The latest announcement is out from XPON Technologies Group Ltd. ( (AU:XPN) ).

XPON Technologies Group Ltd. has announced a change in the substantial holding of its shares by Matthew Arnold Forman. The announcement details that Forman has experienced a decrease in voting power from 34.34% to 31.32% due to changes in his relevant interests, including the dilution and acquisition of placement shares through entities such as Black Oak Ventures Pty Ltd and Black Oak Super Pty Ltd. This change in shareholding may impact the company’s control dynamics and shareholder confidence.

More about XPON Technologies Group Ltd.

YTD Price Performance: -21.43%

Average Trading Volume: 582,847

Technical Sentiment Consensus Rating: Buy

Learn more about XPN stock on TipRanks’ Stock Analysis page.

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